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20

Davidson Expands CA Portfolio

By Tony Seruga

Located in the heart of the prominent California Highway 1 corridor, the 550-key hotel spreads across a 22-acre site nestled along the historic 18-hole Del Monte Golf Course.

Davidson Hotels & Resorts has expanded its management portfolio with the addition of the Hyatt Regency Monterey Hotel & Spa. The asset is owned by an affiliate of Fairwood Capital LLC.

“This will be our 11^th full-service Hyatt hotel and we have tremendous confidence in the brand, its positioning and its strong offerings. Hyatt has been an important part of the Monterey community and together with Fairwood we will create an exciting new future for the property,” said John Belden, president & CEO of Davidson, in prepared remarks…

Davidson Expands CA Portfolio

Categories : Commercial Real Estate

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